Acciona joins Schneider’s global renewables initiative

solar PV, Acciona, Labor

Acciona Energy has joined Schneider’s New Energy Opportunities (NEO) Network, a growing community of organisations committed to buying and developing renewable energy and clean technologies around the world.

The partnership will give the over 150 commercial and industrial companies that are NEO Network members access to a more diverse set of purchasing options to meet their sustainability targets. It will also help Acciona streamline the expansion of its portfolio.

Acciona owns and operates more than 9000 megawatts of renewable capacity in 15 countries, which generates more than 20 terawatt-hours of green energy a year. That’s enough electricity to power almost 93-million square meters of large office space — the equivalent of 13,000 regulation football fields. Additionally, the company has over 1,000 MW under construction in wind and solar PV. It supplies more than 500 corporate customers, helping them achieve their economic goals and reduce carbon footprints. The company’s exclusive focus is sustainability; for four consecutive years, it has been named the greenest electric utility in the world by Energy Intelligence, an independent energy market consultant.

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The global partnership between Acciona and Schneider Electric is timely, as corporate procurement of renewable energy breaks year-over-year records, in both established and new markets. In 2018 alone, commercial and industrial organisations contracted for more than 8.7 gigawatts of large-scale offsite renewable power purchase agreements (PPAs) across 28 countries.

Vice President of Sustainability and Cleantech Services for Schneider Electric John Hoekstra says the partnership is an exciting milestone for both companies and is indicative of NEO Network’s global influence.

“As Acciona propels renewable energy development forward, we will deliver the intelligence and connections that give the business community the confidence to increase the pace of their sustainability efforts — good for their bottom lines, local and global economies, and the planet,” Hoekstra says.

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